🔥 Gate Square Event: #GateNewbieVillageEpisode10
👤 Featured Creator: @CHAITHU
💬 Trading Quote: The market doesn’t reward emotions, only patience and discipline.
Charts move — but discipline holds.
Share a moment where patience paid off, or emotions cost you a lesson.
A real story > a perfect result.
⏰ Event Duration: Dec 4 04:00 – Dec 11 16:00 UTC
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1️⃣ Follow Gate_Square
2️⃣ Post with the hashtag #GateNewbieVillageEpisode10
3️⃣ Share your reflections — strategy, mindset, discipline
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#比特币对比代币化黄金 Took a look at the market at noon, to be honest, it doesn't look too good.
The technical signals are pretty clear—the Evening Star top pattern has already formed, and the moving averages are showing a classic bearish alignment, with the death cross confirmed. At this rate, the price is likely to further test the key support at 80600. But don't be too pessimistic; market sentiment data shows it's still neutral for now, volatility is within the normal range, and there aren't any major negative macro factors at play.
So even though the technicals are indeed weak, it shouldn't result in a total collapse.
Right now, the price is stuck around 90500, with heavy resistance from the moving averages above. This kind of position is actually quite suitable for shorting on rebounds—going with the trend usually has a higher probability of success.
My strategy for the afternoon is still to short on rallies:
$BTC Consider setting up short positions in the 89700-90500 range, targeting 88500 to 88000
$ETH If it rebounds to around 3040-3060, you can also short, with a downside target of 2980-2950
$BNB You can reference similar logic for other trades
Of course, specific entries need to be based on the real-time market—don't be rigid.